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A. Perform a du pont analysis on best care. Assume that the industry average ratios are as follows:Total margin 3.8%Total asset turnover 2.1Equity multiplier 3.2Return
A. Perform a du pont analysis on best care. Assume that the industry average ratios are as follows:Total margin 3.8%Total asset turnover 2.1Equity multiplier 3.2Return on equity 25.5%B. Calculate and interpret the following ratios for Best care. Return on assets 8%Current ratio 1.3Days cash on hand 41 daysAverage collection period 7 daysDebt ratio 69%Debt to equity ratio 2.2Times-interest earned ratio 2.8Fixed asset turnover ratio
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